banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Blockchain Lending Firm Figure Seeks National Bank Charter

Blockchain Lending Firm Figure Seeks National Bank Charter
Blockchain Lending Firm Figure Seeks National Bank Charter
November 06, 2020  |  Banking

Financial services firm Figure Technologies, Inc. has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let...

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UK Digital Bank Starling Launches New Capital Drive As Founder Anne Boden Eyes IPO
UK Digital Bank Starling Launches New Capital Drive As Founder Anne Boden Eyes IPO
November 06, 2020  |  Digital Banking

Starling Bank is pushing ahead with plans to raise another $263 million as the U.K.-based digital bank looks to fuel additional expansion in its home...

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Virtual IBANs Remove Friction From Cross-Border, B2B Payments
Virtual IBANs Remove Friction From Cross-Border, B2B Payments
November 06, 2020  |  Digital-First Banking

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to...

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UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
November 05, 2020  |  Security & Fraud

The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead...

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Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021
Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021
November 05, 2020  |  Banking

Commerzbank, Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global...

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SMB Banking-as-a-Service Ushers In Bank-FinTech Collaboration
SMB Banking-as-a-Service Ushers In Bank-FinTech Collaboration
November 05, 2020  |  B2B Payments

Small business Banking-as-a-Service rises to the top in this week’s roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured...

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Today In Digital-First Banking: Alfa-Bank Joins Contour Trade Network; JPMorgan Names New Liquidity Solutions And Escrow Exec
Today In Digital-First Banking: Alfa-Bank Joins Contour Trade Network; JPMorgan Names New Liquidity Solutions And...
November 04, 2020  |  Digital Banking

In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour’s international trade finance network, while J.P. Morgan has named a leader...

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J.P. Morgan Names New Global Head Of Liquidity Solutions And Escrow
J.P. Morgan Names New Global Head Of Liquidity Solutions And Escrow
November 04, 2020  |  Personnel

Lori Schwartz has been named J.P. Morgan’s new global head of liquidity solutions and escrow. Get the Full Story Complete the form to unlock this...

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Lloyd’s Bank To Cut 730 Jobs In January
Lloyd’s Bank To Cut 730 Jobs In January
November 04, 2020  |  Personnel

London-based Lloyd’s plans to cut roughly 730 additional jobs as part of its ongoing restructuring plan, which had been put on hold earlier this year...

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